BEIJING, Oct. 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 672.08
Euro 100 752.37
Japanese yen 100 4.248
Hong Kong dollar 100 85.642
British pound 100 893.62
Australian dollar 100 467.00
New Zealand dollar 100 379.01
Singapore dollar 100 524.10
Swiss franc 100 813.77
Canadian dollar 100 474.52
Pataca 120.31 100
Malaysian ringgit 60.803 100
Ruble 1,245.37 100
Rand 245.55 100
Korean won 19,947 100
UAE dirham 54.792 100
Saudi riyal 55.982 100
Hungarian forint 4,822.60 100
Polish zloty 58.039 100
Danish krone 99.37 100
Swedish krona 147.97 100
Norwegian krone 140.76 100
Turkish lira 738.509 100
Mexican peso 274.90 100
Thai baht 499.25 100
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. ■
